We suggest you just hold onto your $20-dollar-bill, but this may interest some of you. This Bugs Bunny coin is now available to the public.
Nothing has been confirmed or put forward, but several sources have stated that Ottawa has been evaluating their options both for the minimum payment and also additional rules for expensive housing (aka Toronto and Vancouver).
The Canadian dollar has dropped to a six-year low at barely above 77 cents US on account of the prime lending rate cut tp 0.5%.
But not all is gloomy, as predictions suggest the real GDP will grow by 1% in 2015 and by about 2.5% in 2016 and 2017. If the predictions hold true things should be back to normal by 2017, but we don’t have great faith in predictions.
Rob Carrick, a personal finance columnist for The Globe and Mail, is one of our favourite Canadian commentators on all things financial.
His post about online brokers in Canada goes into significant detail about the various brokers along with meaningful ratings. We recommend checking out his rankings before choosing an online broker.
Qtrade is number one on his list and remains our favourite as well.